OECD senior economist urges Ireland to price costs should Covid-19 flare a second time

The economist who covers Ireland for the Organisation for Cooperation and Development said the Government will need to plan for further economic costs should restrictions need to be re-imposed if the Covid-19 pandemic were to flare up again later this year.

Senior economist Ben Westmore also said he was watching the spike in the claimant counts under the pandemic payment schemes and urged the Government to continue to be flexible with business supports to meet the challenges of an evolving crisis in the coming months.